Integrated Marketing Communications (IMC) is an expansion of utilising both modern and traditional marketing strategies, to optimise the communication of a consistent message conveying the companies brand to stakeholders.
2. Integrated marketing communication (IMC) is an approach
to brand communications where the different modes work together to create a
seamless experience for the customer and are presented with a similar tone and
style that reinforces the brand’s core message.
Its goal is to make all aspects of marketing communication such as advertising,
sales promotion, public relations, direct marketing, personal selling, online
communications and social media work together as a unified force, rather than
permitting each to work in isolation, which in turn maximizes their cost
effectiveness
Integrated Marketing Communications
3. is an initiative taken by organizations to make their products
and services popular among the end-users.
Brand communication goes a long way in promoting products and
services among target consumers. The process involves identifying
individuals who are best suited to the purchase of products or
services (also called target consumers) and promoting the brand
among them through any one of the following means
Brand Communications
Advertising
Sales Promotion
Public Relation
Direct Marketing
Personal Selling
Social media
4. The Foundation - As the name suggests, foundation stage involves detailed analysis of
both the product as well as target market. It is essential for marketers to understand the
brand, its offerings and end-users. You need to know the needs, attitudes and
expectations of the target customers. Keep a close watch on competitor’s activities.
The Corporate Culture - The features of products and services ought to be in line with
the work culture of the organization. Every organization has a vision and it’s important for
the marketers to keep in mind the same before designing products and services. Let us
understand it with the help of an example.
Organization A‘s vision is to promote green and clean world. Naturally its products need to be
eco friendly and biodegradable, in lines with the vision of the organization .
Brand Focus - Brand Focus represents the corporate identity of the brand.
Consumer Experience - Marketers need to focus on consumer experience which refers
to what the customers feel about the product. A consumer is likely to pick up a product
which has good packaging and looks attractive. Products need to meet and exceed
customer expectations.
Various components of Integrated Marketing Communication:
5. Communication Tools - Communication tools include various modes of
promoting a particular brand such as advertising, direct selling, promoting
through social media such as Facebook, twitter, orkut and so on.
Promotional Tools - Brands are promoted through various promotional tools
such as trade promotions, personal selling and so on. Organizations need to
strengthen their relationship with customers and external clients.
Integration Tools - Organizations need to keep a regular track on customer
feedbacks and reviews. You need to have specific software like customer
relationship management (CRM) which helps in measuring the effectiveness of
various integrated marketing communications tools.
.Integrated marketing communication enables all aspects of marketing mix to work together in
harmony to promote a particular product or service effectively among end-users
6. OVERVIEW OF EIGHT STEPS TO EFFECTIVE
COMMUNICATION
Identify target audience
Determine objectives
Select communication channels
Design the message
Effectively manage the process
Develop communications mix
Establish communications budget
Measure results
7. DETERMINING COMMUNICATION OBJECTIVES
Models of consumer-response stages are
AIDA model
Hierarchy-of-effects model
Innovation-adoption model
Communications model
The models assume that buyers pass through these
stages:
Cognitive stage
Affective stage
Behavior stage
13. DECIDING ON COMMUNICATIONS MIX
Advertising
Public, pervasive, expressive, impersonal
Sales promotion
Communication, incentive, invitation
Public relations and publicity
Credibility, surprise, dramatization
14. DECIDING ON COMMUNICATIONS
MIX
Personal Selling
Personal confrontation,
cultivation, response
Direct Marketing
Nonpublic, customized,
up-to-date, interactive
16. EVALUATING PROMOTIONAL
ACTIVITIES
Reach (Coverage)
How much of the intended audience do you reach?
Effectiveness
How effectively do you communicate with the audience
that you reach?
Frequency: How often do you reach audience
members?
Impact: How effective is each message?
Cost: What is the cost per message?
17. APPROPRIATE USE OF EACH TYPE
Personal Selling
Most effective form of communication
Relatively very expensive
To be used as a primary means of promotion for
customers who spend enough to justify the cost
Used extensively in industrial marketing situations
18. TELEMARKETING
Telemarketing
Less effective than PS -- less personal
More effective than advertising -- interactive
Can be used to “qualify” prospects for personal sales
calls
Can be used to handle in-bound, self-service orders for
the delivery of goods
Cost falls in between PS and Advertising
19. ADVERTISING :
Advertising
Less effective than PS or TM
But, Cheaper than either
Offers a way to reach a large number of potential customers in
a very short period of time
Primary means of promoting to customers who do not spend
enough to justify PS or TM
Should be used to create brand awareness and educate
customers of product features/benefits
20. PUBLICITY :
Publicity
Less effective than advertising because it offers
limited control of the message, timing and the media
cannot be used to send a repetitive message
But, Cheaper than advertising
Often more credible to buyers
Most useful in establishing credibility for providers of
professional services
Can be used as a low cost alternative to advertising
21. SALES PROMOTIONS :
Sales Promotions
Good short term competitive tactic
Help clear slow-moving or seasonal inventory
Help generate quick cash flow, if required
SP such as “Sweepstakes” or “Contests” can be used to add
excitement to advertising
Not much value in terms of communication
Do not build a long term image for the brand
22. PUSH VS. PULL STRATEGIES
Push Strategy
Spending major part of promotional expenses on distributors and
retailers
Pull Strategy
Spending major part of promotional expenses on the consumer
23. A COMPARISON OF PUSH AND PULL PROMOTIONAL STRATEGIES
Manufacturer
Wholesaler
Retailer
Consumer
Flow of
promotion;
mainly
personal
selling
directed to
intermediaries
Flow of
demand
stimulation
Manufacturer
Wholesaler
Retailer
Consumer
Flow of
promotion;
mainly
advertising
directed to
consumers
Flow of
demand
stimulation
A. Push strategy B. Pull strategy
25. SETTING ADVERTISING BUDGETS
Percent of Sales
What is the percent of present or forecasted
sales?
Competitive Parity
Are we in line with our competition?
Affordable Method
What can we afford to spend on advertising this
year?
Objective and Task
26. MESSAGE DECISIONS
Message Execution
Theme and types of messages
Message Structure
One-sided vs. two-sided, types of arguments
Message Generation
Creative process of developing different message ideas
27. THE LANGUAGE OF THE MEDIA BUYER
Term What It Means
Reach The number of different people or
households exposed to an advertisement.
Rating The percentage of households in a market
that are tuned to a particular TV show or
radio station.
Frequency The average number of times an individual is
exposed to an advertisement.
Gross rating points Reach (expressed as a percentage of the total
(GRPs) market) multiplied by frequency.
Cost per thousands The cost of advertising divided by the number
(CPM) of thousands of individuals or households who
are exposed.
28. SCHEDULING THE ADVERTISING
Steady (“drip”) Schedule
-- Steady schedule throughout the year.
Flighting (“intermittent”) Schedule
-- Advertising reflects seasonal demand
Blitzing
Pulse (“burst”) Schedule
-- Steady and flighting schedules are combined
29. BENEFITS OF IMC
Although Integrated Marketing Communications requires a lot of effort it
delivers many benefits. It can create competitive advantage, boost sales
and profits, while saving money, time and stress.
IMC wraps communications around customers and helps them move
through the various stages of the buying process. The organisation
simultaneously consolidates its image, develops a dialogue and nurtures
its relationship with customers.
This 'Relationship Marketing' cements a bond of loyalty with customers
which can protect them from the inevitable onslaught of competition. The
ability to keep a customer for life is a powerful competitive advantage.
IMC also increases profits through increased effectiveness. At its most
basic level, a unified message has more impact than a disjointed myriad
of messages. In a busy world, a consistent, consolidated and crystal
clear message has a better chance of cutting through the 'noise' of over
five hundred commercial messages which bombard customers each and
every day.
30. At another level, initial research suggests that images shared in
advertising and direct mail boost both advertising awareness and
mail shot responses. So IMC can boost sales by stretching
messages across several communications tools to create more
avenues for customers to become aware, aroused, and
ultimately, to make a purchase
Carefully linked messages also help buyers by giving timely
reminders, updated information and special offers which, when
presented in a planned sequence, help them move comfortably
through the stages of their buying process... and this reduces
their 'misery of choice' in a complex and busy world.
IMC also makes messages more consistent and therefore more
credible. This reduces risk in the mind of the buyer which, in turn,
shortens the search process and helps to dictate the outcome of
brand comparisons.
Benefits of IMC
31. BENEFITS OF IMC
Un-integrated communications send disjointed messages which dilute
the impact of the message. This may also confuse, frustrate and arouse
anxiety in customers. On the other hand, integrated communications
present a reassuring sense of order.
Consistent images and relevant, useful, messages help nurture long
term relationships with customers. Here, customer databases can
identify precisely which customers need what information when... and
throughout their whole buying life.
Finally, IMC saves money as it eliminates duplication in areas such as
graphics and photography since they can be shared and used in say,
advertising, exhibitions and sales literature. Agency fees are reduced by
using a single agency for all communications and even if there are
several agencies, time is saved when meetings bring all the agencies
together - for briefings, creative sessions, tactical or strategic planning.
This reduces workload and subsequent stress levels - one of the many
benefits of IMC.